Shaquille O’Neal Turned $292 Million Of NBA Earnings Into $700 Million By Investing In Businesses

2 Min Read

We all know the heroics Shaquille O’Neal was able to pull off during his tenure in the NBA. By the time he retired in 2011, he was already considered one of the best big men to ever play the game.

He averaged 23.7 points, 10.9 rebounds, and 2.3 blocks per game in the NBA. It’s fair to say he had a very successful career as a pro-ball player.

Crazily enough, however, his success in the businessman world may be even greater. Once he walked away from basketball, he invested his money and is, today, worth almost $1 billion.

(Credit: Basketball Forever)

In a 2019 interview with Yahoo!, he talked a bit about his investments.

“My first major investment was Google,” O’Neal said, adding at the time he didn’t really understand the impact Google would have in the future, but was assured that, “… phones, search engines, finding information…that’s going to work.’”

Other investments of his include Five Guys, fitness gyms, car washes, apartment buildings, and (most famously) the Sacramento Kings. Clearly, the former superstar big man knows how to be smart with his money.

Instead of just blowing it all on luxuries, he was wise and gave himself more opportunities to earn. The dude is a winner in more ways than one, and his investment schemes are one of them.

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Nico Martinez is a veteran staff writer for Fadeaway World from Brooklyn, New York. He joined Fadeaway World in 2016 and is currently residing in Columbia, South Carolina. Nico holds a degree in Sports Management from Columbia International University where he built a strong foundation in the inner workings of sports media and management. Nico's contributions have significantly enhanced the credibility and depth of Fadeaway World's content, earning him recognition across the sports journalism community. His work has been discussed in prestigious publications like Sports Illustrated. A dedicated follower of LeBron James, Nico often leads coverage on news related to the basketball star. With nearly a decade of experience in sports journalism, Nico consistently provides comprehensive and timely basketball news, engaging a wide audience of basketball enthusiasts.Nico's most desired player to interview, past or present, is Kevin Durant. He is particularly keen on asking Durant if he has any regrets about his career, especially concerning his departure from the Oklahoma City Thunder, and why he engages so much with fans on social media. 
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